Ford is warning its dealers that tariffs will likely raise prices in the coming months, the latest impact the import taxes will have on Americans’ finances.

Ford's vehicle prices could rise this summer if 25% auto tariffs remain in place, the company said in a memo to dealers.

Ford Motor Co. (NYSE: F) has told its dealers it will not raise prices on cars already on their lots. It warned that it will soon pass on a tariff that would probably be 25%. Those price hikes will probably happen in May,